This note shows an analysis of change for in-force payouts between 2025-01-01 and 2025-02-01.
The table below shows the processing statuses of all policy records within scope for this period. Note that this does not reflect the availability of any results from the prior closing position (where available).
| Policy State | Exited | Remaining | New | Total |
|---|---|---|---|---|
| Not run | 498 | 8,191 | 211 | 8,900 |
| Run with failures | 0 | 5 | 0 | 5 |
| Run without failures | 0 | 1,067 | 28 | 1,095 |
| Total | 498 | 9,263 | 239 | 10,000 |
The table below reflects only those records run without failures as indicated in the tracing section above. Note that all steps will be shown regardless of whether any corresponding results are available.
| Step Idx | Title | Policy Count | Total Unsmoothed Asset Share | Total Smoothed Asset Share | Total Surrender Benefit | Total Death Benefit |
|---|---|---|---|---|---|---|
| 0 | Prior Closing | NA | NA | NA | NA | NA |
| 1 | Opening Re-Run | 1,067 | 7,598,160 | 7,740,214 | 7,817,614 | 9,950,850 |
| 2 | Remove Exited Records | 1,067 | 7,598,160 | 7,740,214 | 7,817,614 | 9,950,850 |
| 3 | Restated Opening Data | 1,067 | 7,598,163 | 7,740,218 | 7,817,616 | 9,950,851 |
| 4 | AoC Opening Consistency Check | 1,067 | 7,598,163 | 7,740,218 | 7,817,616 | 9,950,851 |
| 5 | Restated Opening Adjustments | 1,067 | 7,598,163 | 7,740,218 | 7,817,616 | 9,950,851 |
| 6 | Restated Opening Returns | 1,067 | 7,601,496 | 7,740,428 | 7,817,825 | 9,951,065 |
| 7 | Restated Opening Deductions | 1,067 | 7,033,395 | 7,161,948 | 7,233,566 | 9,341,988 |
| 8 | Move To Closing Run Date | 1,067 | 7,065,004 | 7,193,805 | 7,265,743 | 9,375,330 |
| 9 | Data Roll-Forward | 1,067 | 7,065,004 | 7,193,805 | 7,265,743 | 9,375,330 |
| 10 | Adjustments | 1,067 | 7,065,004 | 7,193,805 | 7,265,743 | 9,375,330 |
| 11 | Premiums | 1,067 | 7,066,409 | 7,195,212 | 7,267,162 | 9,376,696 |
| 12 | Deductions | 1,067 | 7,020,477 | 7,148,444 | 7,219,917 | 9,328,162 |
| 13 | Mortality Charges | 1,067 | 6,986,486 | 7,113,844 | 7,184,979 | 9,300,016 |
| 14 | Investment Returns | 1,067 | 7,017,888 | 7,144,752 | 7,216,202 | 9,332,244 |
| 15 | Closing Guaranteed Death Benefit | 1,067 | 7,017,888 | 7,144,752 | 7,216,202 | 9,335,297 |
| 16 | Closing Death Uplift Factor | 1,067 | 7,017,888 | 7,144,752 | 7,216,202 | 9,334,059 |
| 17 | Closing Exit Bonus Rate | 1,067 | 7,017,888 | 7,144,752 | 7,216,202 | 9,334,059 |
| 18 | AoC Closing Consistency Check | 1,067 | 7,017,888 | 7,144,752 | 7,216,202 | 9,334,059 |
| 19 | Status Changes To Paid-Up | 1,067 | 7,017,822 | 7,144,686 | 7,216,136 | 9,333,408 |
| 20 | Move To Closing Data | 1,067 | 7,017,822 | 7,144,686 | 7,216,136 | 9,333,408 |
| 21 | Add New Records | 1,095 | 7,206,221 | 7,336,540 | 7,409,910 | 9,572,644 |
| 22 | Move To Closing Month-End | 1,095 | 7,223,662 | 7,338,948 | 7,412,338 | 9,575,017 |
| 23 | Switch To Valuation Asset Shares | 1,095 | 7,191,331 | 7,368,426 | 7,442,108 | 9,605,804 |